Tag Archives: Shiba Inu (SHIB)

The second-largest meme coin by market cap – Shiba Inu (SHIB), has been among the top performers in the crypto market in the past week or so. Although the entire meme coin sector has charted impressive gains, SHIB’s price could be poised for further gains given several factors that were recently listed by ChatGPT’s rival – Perplexity. Bitcoin had a few big weeks in February as it managed to close it with the most substantial monthly gain in its history. However, the asset...

TL;DR Shiba Inu experienced a substantial price increase, outperforming major cryptocurrencies and bringing profits to a majority of its holders (at least on paper). Its market cap rose notably, making it one of the top digital assets, but the token remains a risky investment due to its volatility. Shiba Inu’s Massive Resurgence The second-largest meme coin – Shiba Inu – was not among the best-performing cryptocurrencies last week when the market started booming. However, it...

TL;DR Shiba Inu’s burn rate has significantly increased, indicating a strong push to reduce the token’s circulating supply, which could boost its value over time. The development of Shibarium, aimed at enhancing the ecosystem by reducing fees and increasing transaction speed, is viewed positively for SHIB’s future price potential. The popular meme coin – Shiba Inu – continues to witness a substantial amount of tokens removed from its circulating supply. Data shows that the...

TL;DR Shiba Inu has experienced significant price increases recently, with optimistic predictions for further gains. Discussions around meme coins like SHIB and DOGE are heating up, with various individuals offering differing opinions on which is the better investment, amidst forecasts of continued bullish trends in the cryptocurrency market. How High Can SHIB Go? The second-largest meme coin caught the recent green wave in the cryptocurrency sector, being one of the...

TL;DR Pepe Coin (PEPE) has experienced rapid growth, becoming a top performer in the meme coin market and challenging its competitors with a significant increase in value. Surpassing Shiba Inu’s market cap could be possible for PEPE with strategies like expanding its community, securing partnerships, and capitalizing on market trends. PEPE’s Chances Pepe Coin (PEPE) – a frog-themed meme coin that emerged less than a year ago – has recently taken center stage due to its...

TL;DR Shiba Inu’s value surged, outperforming Cardano in a significant indicator signaling ecosystem growth. Associated cryptocurrencies, BONE and TREAT, saw major price increases, while LEASH did not follow this trend. Shiba Inu’s Progress One of the leading meme coins by market capitalization – Shiba Inu – erased a zero from its valuation following a rally experienced earlier this week. The coin’s performance remained solid in the following days, with its price charting...

TL;DR Binance expanded its margin program with new isolated and cross margin options. The exchange is also removing certain pairs due to low performance, as part of its regular updates and reviews to maintain trading quality and volume. The world’s largest cryptocurrency exchange increased the number of trading pairs offered on its margin program. SHIB/FDUSD, DOT/FDUSD, WLD/FDUSD, LDO/FDUSD, NEAR/FDUSD, and TIA/FDUSD were added as new isolated margin pairs, while ADX/USDT...

TL;DR Shiba Inu’s daily active addresses have seen a substantial increase, signaling growing interest and a potential price rally. Other developments, such as the burning mechanism and Shibarium’s progress, might also positively affect SHIB’s value. While Shiba Inu’s price has underperformed as of late, some essential indicators related to the second-largest meme coin by market capitalization have been on a substantial rise. According to IntoTheBlock data, SHIB daily active...

TL;DR One forecast suggests a 51% rise in Shiba Inu price in the near future. SHIB’s aggressive token burning, the advancement of Shibarium, and other factors can positively impact the asset’s value. SHIB’s Chances of Price Ascent Shiba Inu’s valuation has been underperforming lately, falling by 4.5% on a weekly scale (per CoinGecko’s data). Despite standing far from its all-time high levels (registered in 2021), the asset remains an intriguing topic and is often a subject...

TL;DR Shibarium’s usage and growth metrics show strong adoption, with transactions and wallet addresses increasing. This growth could positively impact Shiba Inu’s price, which has seen a modest rise recently. Shiba Inu’s layer-2 blockchain solution – Shibarium – continues to make waves, frequently smashing various milestones. On February 19, daily transactions on the network surged to 3 million, whereas the number of total transactions surpassed the 360 million mark. Wallet...